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A letter from eleven organisations was published in today’s Financial Times calling on MPs to amend the ‘Customs’ Bill. The legislation will set up the rules for the UK’s post-Brexit “trade remedies”. Remedies are important as they are the only way UK manufacturers can restore a competitive environment when faced with market-distorting trade practices by overseas producers.

Most commentators tend to talk about Brexit in binary permutations of hard/soft, deal/no deal, transition/cliff edge. This does a disservice to the enormous decisions the UK must make in the coming months in order to strike out on our own. Not trivialities like a bold new independent policy on the acceptable bend in bananas, but important choices on the fundamental rules under which our businesses will operate.